Boyu Capital Investment Management Co., fresh off its deal for a majority stake in Starbucks’ China business, plans to raise $3 billion for a new fund, according to people familiar with the matter.

China, the world’s top soybean importer, expects purchases to slump in the coming season as its pig herd declines, heightening competition for market share just as the US seeks to ramp up sales.

ServiceNow Inc.’s first US dollar bond sale since 2020 attracted demand nearly 10 times the deal’s size, defying concerns about the software firm’s vulnerability to artificial intelligence disruption.

The US Labor Department’s benefits regulator issued a temporary enforcement reprieve for retirement plan administrators working to comply with a proposal that would require many plans to send participants at least one paper copy of their benefits statement each year.

Securitas AB units and Expedia Inc. were hit with a lawsuit from an Allianz SE insurer seeking to limit coverage for litigation alleging hidden cameras recorded people in workplace restrooms at an Expedia campus in Seattle.

An Illinois office handling the estates of insolvent or troubled insurance companies urged a federal appeals court to revive its case against a Hartford Insurance Group Inc. unit seeking coverage for a hack that resulted in a nearly $7 million transfer.